BBC Business News
- US economic growth slows to 2.4%
US economic growth slowed between April and June, with GDP growing by an annualised rate of 2.4%, the US Commerce Department says. - Strikes and ash extend BA losses
BA reveals a steep quarterly loss of £164m after being hit by cabin crew strikes and disruption caused by the volcanic ash cloud. - Northwest agrees to pay $38m fine
Northwest Airlines will plead guilty and pay a $38m fine for fixing air-cargo prices, the US justice department says.
The McKinsey Quarterly
- A better way to automate service operations
As service operations use IT to become more efficient across all processes and workflows, they will need to align th.. - Applying global trends: A look at China's auto industry
Strategists can challenge conventional wisdom and better prepare for uncertainty by analyzing the complex and not-so.. - Putting a value on training
Training programs generate greater value for organizations when the curricula reflect key business performance metri..
PE Hub
- Nolan Ryan Re-Bids for Texas Rangers
(Reuters) - A group led by former all-star pitcher Nolan Ryan and a minor league baseball team owner made a new bid to buy the bankrupt Texa.. - Jet Broadband Completes Cable Sale
Jet Broadband Holdings, a portfolio company of MCG Capital, has completed the sale of its cable operations to Shentel Cable Co., a wholly-ow.. - Boston Power Boosts VC Round
Boston-Power Inc., a Westborough, Mass.-based developer of lithium-ion batteries, has expanded its Series E round from $60 million to $66.4 ..
Corporate finance news
Keep up to date with the latest corporate finance news from selected organisations on the left. News from AHV Associates is displayed below.
For more information about AHV's services and recent activities please contact us.
AHV has created a capitalisation-weighted index of large, quoted companies on NYSE, Nasdaq 100 and FTSE 100 that are directly involved in the data centre sector. Specifically, this index consists of the large data centre companies, and large, quoted global companies whose performance is directly related to the data centre industry. M&A activity in the sector will also be tracked with values and commentary.
“The index offers a new way of evaluating the market performance of data centres,” commented Andrew Harrington, partner at AHV. “It reveals that the sector is yielding good returns for the leading public companies engaged in data centres, and that virtually the entire industry has outperformed the major market indices.”
Companies that make up the AHV Datacentre Index include: Akamai, Citrix, Cogent, Digital Realty Trust, DuPont Fabros, EMC, Emulex, Equinix, EU Networks, Internap, Iomart, Limelight Networks, Macquarie Telecom, Navisite, Netapp, Rackspace, Savvis, SGI, Switch and Data, Telecity, Terramark, and VMWare.
The index reveals that so far few large scale European data centre companies are listed on the London Stock Exchange and none in Asia which highlights the dominant positions of US companies in the sector. It also suggests the opportunity for growth in both regions.
Despite a downturn in commercial property values, data centres continue to attract high levels of investment with more than USD15 billion globally committed in the last 12 months, according to BroadGroup research and more projected to follow.
“Data Centres are emerging as an asset class in their own right,” commented Steve Wallage, managing director of BroadGroup Consulting. “Data Centre operators are choosing from a range of options open to them including bonds, private equity, and IPOs, although in the current climate, constraints do remain and for unlisted companies, the options are more limited.”
As sector business plans come to consider the impact of cloud computing, globalization and green, BroadGroup believes that financing and investment models will continue to emerge.
For further information please go to the Broadgroup website.
